Wyoming has enacted the pioneering Decentralized Unincorporated Nonprofit Association Act (DUNA), officially recognizing Decentralized Autonomous Organizations (DAOs) as legal entities. Signed by Republican Governor Mark Gordon, this landmark legislation, supported by a16z crypto, positions Wyoming as the leading crypto-friendly state. The DUNA allows DAOs to enter into contracts, pay taxes, and offers limited liability for its members, setting it apart from other legal structures. Effective from July 1, 2024, the law is heralded as a significant step for integrating blockchain networks within the U.S. legal framework without compromising decentralization. Industry experts and legal professionals have praised the law for its innovative approach, suggesting it could become the industry standard for U.S. blockchain networks.